U.S. Mint To Keep Producing 2015 Eagle Silver Coins Through Week Of Dec. 7
The U.S. Mint says it will continue producing 2015-dated American Eagle silver bullion coins through the week of Dec. 7.
Read moreGold Sees Some Safe-Haven Demand as Turkey Jets Down Russian Warplane
News reports that Turkish jets have shot down a Russian military aircraft are putting a bid into the safe-haven gold market in early U.S. trading Tuesday.
Read moreU.S. Third-Quarter GDP Growth Revised Up To 2.1%
The Commerce Department revised growth in U.S. gross domestic during the third quarter to a seasonally adjusted annual rate of 2.1% Tuesday.
Yamana Announces Planned Private Placement Of Brio Shares
Yamana Gold Inc. (TSX: YRI; NYSE: AUY) and wholly owned subsidiary Brio Gold Inc. have begun the private placement of Brio shares, with Yamana reporting that the move will reduce its stake to 20.9%.
Read moreTurkey Downing Of Russian Jet Prompts Risk Aversion
There is some risk aversion in the marketplace Tuesday as reports said a Russian warplane was shot down by Turkey’s military.
Read moreBarrick Trims Output Guidance After Equipment Breakdown At Pueblo Viejo Mine
Barrick Gold Corp. (NYSE, TSX: ABX) has trimmed its 2015 gold-production forecast after a mechanical issue at the jointly owned Pueblo Viejo mine in the Dominican Republic.
Read moreThe 6PM Recap WIth Gary Wagner: The Shortening Window Of 2015 And End Of Year
If anything characterizes movement in markets today, it could very well be the phrase “trimming the sails.” There are a number of reason investors and traders are cutting positions, or consolidating positions whether on upside or downside bets.
Is Gold Still A Good Investment or Just A Pet Rock? – CME Group
As investors shy away from gold given the metal’s continuous decline and imminent U.S. interest rate hike, one senior economist says that although he remains pessimistic on the yellow metal in the short term, historical data still proves it remains a great portfolio diversifier.
Gold Ends Down on Bearish Outside Markets, Very Negative Chart Posture
Gold prices ended the U.S. day session moderately lower Monday and are hovering close to last week’s 5.5-year low.
Analysts See Limited Impact On Gold If Yuan Included In IMF Currency Basket
The Chinese yuan’s expected inclusion in a benchmark currency basket is not expected to have a meaningful impact on gold prices, especially in the short term, analysts said.